Eurozone Crisis Debate

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Department: HM Treasury

Bob Stewart

Main Page: Bob Stewart (Conservative - Beckenham)

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Oral Answers to Questions

Eurozone Crisis

Bob Stewart Excerpts

Business of the House
Thursday 3rd November 2011

(13 years ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

This information is provided by Parallel Parliament and does not comprise part of the offical record

Bob Stewart Portrait Bob Stewart (Beckenham) (Con)
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My question is about Italy. Its interest rate is floating upwards and currently stands at about 6.5%, which is unsustainable. Will the Minister give us his views on Italy’s problems, especially with regard to its just paying off its interest rather than repaying its debt?

Mark Hoban Portrait Mr Hoban
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Tempted though I am to respond to my hon. Friend’s question, given the uncertainty in international markets I do not think it is helpful for Ministers of any country to give a running commentary on the finances of others.

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